http://finance.yahoo.com/news/Debt-changing-media-habits-apf-1049608580.html?x=0
Article Title: Debt, changing media habits topple Blockbuster
Written By: Mae Anderson
This article informs us of Blockbuster’s economic status, bankruptcy. The author of this article speaks to us in a serious, informative tone, mainly to those who buy or rent movies frequently. The main idea of this article is for us to know what Blockbuster is trying to do to get out of its dept, which is about $675 million.
1. What did you learn today as you read that you did not know before? What surprised you? Explain why it surprised you.
I remember that as a little kid my dad would always rent movies from Blockbuster. I always had thought that it was a movie heaven. It is quite surprising to find out that my child paradise business is going bankrupt. With the bad economy and more convenient ways to get a hold of the new films, people have bypassed this large company. As Blockbuster went through its years, it lost its fame and caused it to go rolling down hill. It is amazing to see how much this economic depression, and new ways to get movies, have damaged and almost destroyed one of the past’s biggest companies.